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2024-03-31-accounts

East Cheshire Eye Society

Report and Accounts

Year ended 31 March 2024

Registered Charity Number 1174656

East Cheshire Eye Society Report of the Trustees for the year ended 31st March 2024

The trustees of the East Cheshire Eye Society charity present the Annual Report and Accounts for the financial year of 2023 - 2024.

The Society Charities Registration number is 1174656. The trustees confirm this report and accounts represents the full and only state of the Society.

REVIEW OF FINANCES AT YEAR END

The Society has recorded a small surplus of £1,263 on its operations over the year. .

The total cash and financial investment reserves at the year - end totalled £462,526. The Trustees confirm that the Society has sufficient funds in its financial reserves for the Society to remain in successful operation for some years to come.

ACHIEVEMENTS AND PERFORMANCE 2022-2023

The year 2023 – 2024 has been a veryt busy year for the Eye Society, with lots of activities and events. As always, this has only been possible because of teh enthusiastic support of our wonderful team of volunteers.

From 1 April 2023 to 31 March 2024 our volunteers gave us an amazing 2,473 hours of their own time to support the work we do. We remain very grateful to them.

Our Resource Centre continues to be the hub of our activities and planning, and having come to the end of our initial 3 year tenancy at 11 Market Place, we have been very pleased to extend this agreement for a further 3 years.

Within the year 2023 to 2024 we have given direct support to 365 service users on 860 occasions, just within the Resource Centre setting. This number does not include those people supported through our additional activities.

People contacted us from 32 different local postcodes areas, with one-off contacts from people further afield, including Liverpoool, Oldham, Manchester, Shropshire, Stockport, Stoke, Newcastle-Under-Lyne, Glossop and the United Arab Emirates.

Our "members list"ended with 720 people on it. These are all people to whom we send our regular news updates, as well as ad-hoc other communications.

This year our additional activities included:

East Cheshire Eye Society Report of the Trustees for the year ended 31st March 2024

Fundraising, as always, was a key requirement throughout the year, especially since we were unsuccessful in all our grant applications.

We continued tro sell Christmas and general greetings cards, and we held our annual raffle.

We were very grateful to receive support from individuals, one in the form of a legacy and others as donations throughout the year. Other supporters raised money by doing talks, holding coffee mornings, running table-topsales or arranging for us to get a donation from an equipment provider when items were bought. One supporter kindly made two knitted Nativity scenes for us to sell and raffle.

East Cheshire Eye Society Report of the Trustees for the year ended 31st March 2024

We are grateful to the continued fundraising support from the Hummingbird Knit and Knatter group, and to Mayor of Macclesfield, the United reformed Church of Wilmslow and the NISA supermarket (Tytherington for making us their charity of the year.

We received very generous donations from thr UKH Foundation and from local resident and fundraiser Henry Moore. The Congleton Lions very kindly continued their sponsorship of the Congleton support group, and Woods Newsagents, Handforth, Kindly sponsored our Wilmslow support group.

We delivered a commissioned service to a local GP medical practice, to support their drive for inclusivity and to improve accessibility for visitors and staff with visual impairment.

The society continues to offer a range of information, advice and support and we are pleased to be able to work closely with local charities and organisations, including the local Talking Newspapers.

Our particular thanks to Vision Support, Chester, who have been a source of invaluable support throughout the year.

We enjoyed hosting the Chester VI bowls team this year for our annual "Cheshire Open VI Crown Green Bowling Challenge" competition, and were proud of our team who won the cup.

The Society is grateful for the ongoing dedication of staff members Alan Chappell and Helen van der Veken.

The Board of Trustees has seen the following changes this year: New starters - Geoff Clarke, Teddy Weyman and Angela Dilks. Leavers- Geoff Clarke.

SOCIETY TRUSTEES 2023-2024

Geoffrey Clarke (Appointed 17/04/2023) Catherine Costigan Angela Dilkes (Appointed 12/02/2023) Elizabeth Durham Pamela Hodgkiss Bridget Self Colin Turner Martin Welch (Hon, Treasurer) Anthony Edward Weyman (Appointed 23/08/2023)

This report was approved by the Trustees on 6 December 2024 and signed on its behalf.

M S Welch

Trustee

Independent Examiners Report on the Accounts of East Cheshire Eye Society For the Year Ended 31 March 2024 Charity Number: 1174656

We report to the charity trustees on our examination of the accounts of the CIO for the year ended 31 March 2024.

Responsibilities and basis of report

As the charity trustees of the CIO you are responsible for the the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

We report in respect of our examination of the CIO's accounts carried out under Scetion 145 of the Act. In carrying out our examination we have folllowed all applicable Directions given by the Charities Commission under Scetion 145(5)(b) of the 2011 Act.

Independent examiners statememt

We have completed our examination. We confirm that no material matters have come to our attention in connection with the examination giving us cause to believe that in any material respect:

We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

1 Church Mews Churchill Way Macclesfield Cheshire SK11 6AY

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Kime O'Brien Limited Chartered Accountants

6 December 2024

East Cheshire Eye Society Detailed Statement of Financial Activities for the year ended 31st March 2024

Note
Income and endownments from
Donations and Legacies
4
Donations and Gifts
Legacy
Grants
Charitable Activities
5
Fundraising Events
Socials and Trips
Sales
Talking Newspaper
Investments
6
CCLA COIF
8%2021 Treasury
5% 2025 Treasury
6% 2028 Treasury
Other
7
Recharges
Total Income and Endownments
Expenditure
Raising Funds
8
Charitable Activities
9
Total Expenditure
Other
Decrease in valuations
13
Transfers
Sale of Fixed Assets
12
Net (expenditure)/ income
Net Movement in Funds
Reconciliation of Funds
17
Total Funds Brought Forward
Total Funds Carried Forward
Unrestricted
2024
£
14,866
23,057
-
37,923
4,109
3,805
6,766
-
14,680
4,569
3,221
2,294
1,816
11,900
1,385
1,385
65,888
3,474
59,806
63,280
(17,265)
-
19,873
19,873
442,509
462,382
Restricted
2024
£
-
-
5,500
5,500
-
-
-
1,000
1,000
-
-
-
-
-
-
-
6,500
-
7,845
7,845
-
-
(1,345)
(1,345)
1,489
144
Total
2024
£
14,866
23,057
5,500
43,423
4,109
3,805
6,766
1,000
15,680
4,569
3,221
2,294
1,816
11,900
1,385
1,385
72,388
3,474
67,651
71,125
17,265
-
-
-
18,528
18,528
443,998
462,526
Total
2023
£
18,077
-
42,171
60,248
4,137
2,573
4,626
1,000
12,336
4,554
2,294
1,816
-
8,664
1,366
1,366
82,614
3,394
77,103
80,497
16,659
-
-
(14,542)
(14,542)
458,540
443,998

East Cheshire Eye Society Balance Sheet for the year ended 31st March 2024

Notes
Fixed Assets
Tangible
12
Investments
13
Total
Current Assets
Stocks
14
Debtors
15
Cash at bank and in hand
20
Short Term Cash Deposit
Total
16
Net Current Assets
Total Assets less current Liabilities
Total Net Assets
The Funds Of the Charity
Restricted Funds
Unrestricted Funds
General Funds
Designated Funds
Total
Total Funds
Creditors Amount falling due within one year
2024
£
1,041
299,769
300,810
5,221
3,379
32,940
125,000
166,540
4,824
161,716
462,526
462,526
144
462,382
-
462,382
462,526
2023
£
2,570
237,504
240,074
5,314
3,277
124,426
75,000
208,017
4,093
203,924
443,998
443,998
1,489
442,509
-
442,509
443,998

East Cheshire Eye Society Notes To the Accounts for the year ended 31st March 2024

1. Status

Charitable Incorporated Organisations (CIO) Revenue greater than £25,000 but less than £250,000

2. Accounting Polices

Basis of Preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities : Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the FRS 102 (Charities Sorp FRS 102).

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Unrestricted funds

These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.

Designated funds

These are unrestricted funds earmarked by the trustees for particular purpose

Revaluation funds

These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.

Restricted funds

These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Income

Recognition of income

Income is included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to, and virtually certain to receive,

the income and the amount of the income can be measured with sufficient reliability.

Income with related expenditure

Where income has related expenditure the income and related expenditure is reported gross in the SoFA.

Donations and legacies

Voluntary income received by way of grants, donations and gifts is included in the the SoFA when receivable and only when the Charity has unconditional entitlement to the income.

Tax reclaims on donations and gifts Donated services and facilities

Income from tax reclaims is included in the SoFA at the same time as the gift/donation to which it relates.

Donated Services and Facilities

These are only included in income (with an equivalent amount in expenditure) where the benefit to the Charity is reasonably quantifiable, measurable and material.

Volunteer help

The value of any volunteer help received is not included in the accounts.

Investment Income

This is included in the accounts when received

Gains/(losses) on revaluation of Investments

This includes any gain or loss resulting from revaluing investments to market value at the end of the year.

Gains/(losses) on sale on investment assets

This includes any gain or loss on the sale of investments.

East Cheshire Eye Society Notes To the Accounts for the year ended 31st March 2024

Expenditure

Recognition of expenditure

Expenditure is recognised on an accruals basis.

Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.

Expenditure on raising fund

These comprise the costs associated with attracting voluntary income, fundraising trading costs and investment management costs.

Expenditure on charitable activities

These comprise the costs incurred by the Charity in the delivery of its activities and services in the furtherance of its objects, including the making of grants and governance costs.

Governance costs

These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including

any audit /independent examination fees, costs linked to the strategic management of the Charity.

Other expenditure

These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated.

All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated goods are not valued

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand

Trade and other creditors

Short term creditors are measured at the transaction price.

Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in

the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Pension costs

The charity operates a defined contribution plan for its employees.

A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity.

Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due.

Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

East Cheshire Eye Society Notes To the Accounts for the year ended 31st March 2024

Income

4
Income from Donations and Legacies
Unrestricted Restricted
Total
2024
2024
2024
£
£
£
Donations and Gifts
14,866
14,866
Legacy
23,057
23,057
Grants
-
5,500
5,500
Other
Total
37,923
5,500
43,423
5
Income from Charitable Activities
Unrestricted Restricted
Total
2024
2024
2024
£
£
£
Fundraising Events
4,109
4,109
Socials and Trips
3,805
3,805
Sales
6,766
6,766
Talking Newspapers
1,000
1,000
Grants
-
-
-
Total
14,680
1,000
15,680
6
Income from Investments
Unrestricted Restricted
Total
2024
2024
2024
£
£
£
CCLA COIF
4,569
-
4,569
8%2021 Treasury
3,221
-
3,221
5% 2025 Treasury
2,294
-
2,294
6% 2028 Treasury
1,816
-
1,816
Total
11,900
-
11,900
7
Other Income
Unrestricted Restricted
Total
2024
2024
2024
£
£
£
Recharges
1,385
1,385
Total
1,385
-
1,385
Total
2023
£
18,077
-
42,171
60,248
Total
2023
£
4,137
2,573
4,626
1,000
12,336
Total
2023
£
4,554
-
2,294
1,816
8,664
Total
2023
£
1,366
1,366

East Cheshire Eye Society Notes To the Accounts for the year ended 31st March 2024

Expenditure

8
On Raising Funds
Events
Lottery and Raffle Prizes
Staff Costs
Total
9
On Charitable Activities
Rent Market Place
Staff Costs
Socials and Trips
Sales
Awareness Events
Service Provision
Motor and Travel
Cleaning QVS and Market Place
Telephone and Broadband
Security QVS
Water QVS
Light Heat Power QVS
Repairs and Maintenance
Insurance
Depreciation
Equipment expensed
Postage and Couriers
Software and IT + Supprt
Stationary and Printing
Marketing
Subscriptions
Sundry
Consultants
Governance
Training
Total
Unrestricted Restricted
Total
2024
2024
2024
£
£
£
72
72
980
980
2,422
2,422
3,474
-
3,474
Unrestricted Restricted
Total
2024
2024
2024
£
£
£
7,708
1,000
8,708
28,164
4,000
32,164
2,233
1,200
3,433
3,536
3,536
596
596
-
913
913
404
404
1,216
489
1,705
-
-
-
-
642
642
1,351
177
1,528
163
163
11
11
1,281
490
1,771
1,122
489
1,611
800
800
387
387
160
160
8,192
8,192
927
927
-
59,806
7,845
67,651
Total
2023
£
10
918
2,466
3,394
Total
2023
£
10,292
28,344
1,944
1,713
7,331
10,340
368
380
1,582
-
-
-
-
523
2,902
5
1
1,706
1,686
250
316
154
6,192
600
474
77,103

East Cheshire Eye Society Notes To the Accounts for the year ended 31st March 2024

10 Staff Costs
Unrestricted Restricted
Total
2024
2024
2024
£
£
£
Salaries and Wages
30,211
4,000
34,211
Training
140
140
Travel
235
235
Total
30,586
4,000
34,586
7.5%
On Raising Funds
2,422
-
2,422
On Charitable Activities
28,164
4,000
32,164
30,586
4,000
34,586
Average Headcount
2.0
11 Net expenditure / income before transfers
This is stated after charging Depr
1,351
177
1,528
Independent Examination Fees
780
0
780
Total
2023
£
30,810
30,810
2,466
28,344
30,810
2.2
2,902
600

East Cheshire Eye Society Notes To the Accounts for the year ended 31st March 2024

Assets and Liabilities

12 Tangible Fixed Assets

Cost or Revaluatation
As at 1st April 2023
Disposals
Additions
As at 31st March 2024
Depreciataion
As at 1st April 2023
Disposals
Charge Year
As at 31st March 2024
Net Book Values
As at 31st March 2023
As at 31st March 2024
L+B
F+F
Total
-
11,299
11,299
-
-
-
-
-
-
-
11,299
11,299
-
8,729
8,729
-
-
-
-
1,529
1,529
10,258
10,258
-
2,570
2,570
-
1,041
1,041

Depreciation Policy

Land and Buildings Zero Fixture and Fittings Greater Than £100 Over 4 years starting on date of acqusistion Computer and TelephGreater Than £100 Over 3 years starting on date of acqusistion

13 Investments

Costs
Cost as at 1st April 2023
Disposals
Additions
Cost as at 31st March 2024
Provisions and Impairments
Revaluatation as at 1st April 2023
Disposals
Revaluatation in the year
As at 31st March 2024
Net Book Values
At 31st March 2023
At 31st March 2024
COIF
6% 2028
5% 2025
Sarisan
Total
136,807
42,309
60,000
-
239,116
-
-
-
-
0
-
-
-
45,000
136,807
42,309
60,000
45,000
284,116
19,488
(8,047)
(13,053)
-
(1,612)
14,148
(1,152)
(955)
5,224
17,265
33,636
(9,199)
(14,008)
5,224
15,653
156,295
34,262
46,947
0
237,504
170,443
33,110
45,992
50,224
299,769

East Cheshire Eye Society Notes To the Accounts for the year ended 31st March 2024

**14 ** Stocks 2024 2023
£ £
5,221 5,314
Stock is valued at Costs
Donated Goods for recycle are not valued
**15 ** Debtors 2024 2023
£ £
Trade Debtors 350 1,516
Prepayments and Accrued Income 708 679
Gift Aid 2,321 1,082
Total 3,379 3,277
**16 ** Creditors 2024 2023
£ £
amounts falling due within one year
Trade Creditors 2,193 2,225
Other Creditors - -
Accruals and Deferred Income 2,631 1,868
Total 4,824 4,093
**17 ** Movement in Funds
As at 1st April As at 31st March
2024 2023
£ £
Restricted Funds
Net current assets - 1,168
Net Fixed Assets 144 321
Total 144 1,489
Unrestricted Funds
General Funds 462,382 445,209
Designated Funds - -
Total Funds 462,526 446,698

East Cheshire Eye Society Notes To the Accounts for the year ended 31st March 2024

18 Analysis of net assets between funds

Fixed Assets
Investments
Net Current Assets
Total
Reconciliation of net debt
Cash and Cash Equivilents
Cash and Cash Equivilents
Llloyds
COIF
Cash
Total
Restricted
144
-
-
144
At 1st April
2023
£
199,426
198,821
509
96
199,426
Unrestricted
Total
898
1,042
299,769
299,769
161,715
161,715
462,382
462,526
As at 31st March
Cash Flows
2024
£
£
(41,487)
157,939
(41,479)
157,342
-
509
(7)
89
(41,486)
157,940
Total
1,042
299,769
161,715
462,526
157,342
509
89
157,940

19 Reconciliation of net debt

20 Cash and Cash Equivilents